Pixels: A Popular Web3 Game with Low Trading Volume
In the first days of 2024, the massively multiplayer online game (MMO) Pixels has taken the Web3 gaming world by storm, attracting 123,100 unique active wallets (UAW) in the last 24 hours. This laid-back adventure game allows players to farm, explore, own land, and flex their non-fungible tokens (NFTs). Despite its popularity, the in-game token, BERRY, has a value of only $0.0002, resulting in a meager total in-game trading volume of $6.51. While UAW is a solid indicator of player engagement, it doesn’t capture everyone actually playing the game, as some users may not be making in-game transactions during that period.
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